Summary
• Price opened at 0.1287, rose to 0.1307, and closed at 0.1281 on bearish follow-through.
• A strong bullish engulfing pattern emerged at 0.1303–0.1307, followed by bearish rejection.
• Volatility spiked during the 18:45–20:00 ET window, with high turnover and declining price.
• RSI and MACD indicated overbought conditions, followed by bearish divergence in momentum.
• Stochastic RSI showed exhaustion at higher levels, suggesting near-term reversal risk.
Stargate Finance/Tether (STGUSDT) opened at 0.1287 on 2026-01-10 at 12:00 ET, reached a high of 0.1307, a low of 0.1270, and closed at 0.1281 on 2026-01-11 at 12:00 ET. Total volume was 1,950,166.5 and notional turnover was $254,615.40.
Structure & Formations
The price formed a bullish engulfing pattern between 0.1303 and 0.1307, which appeared to attract buyers before a bearish rejection followed. A 5-minute doji emerged near 0.1295, indicating indecision. Key support levels are now seen at 0.1281–0.1274, with resistance near 0.1303–0.1307.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages crossed bearishly, confirming downward momentum. On the daily chart, price remains below the 50-period and 100-period moving averages, suggesting a longer-term bearish bias.
MACD & RSI
The MACD crossed below the signal line after the 0.1307 peak, confirming bearish momentum. RSI peaked at 68.3, suggesting overbought conditions, followed by a pullback to 56.2. A bearish divergence in MACD and RSI indicates weakening bullish conviction.
Bollinger Bands
Volatility expanded during the 18:45–20:00 ET window, with price reaching the upper band at 0.1307 and then collapsing toward the lower band. The current price of 0.1281 resides near the lower band, suggesting potential oversold conditions ahead.
Volume & Turnover
Volume spiked to over 248,051.9 at 18:45 ET with a high turnover of $32,223.69, but failed to hold higher levels. A divergence between volume and price was evident after 20:00 ET, with declining volume supporting the bearish breakdown.
Fibonacci Retracements
On the 5-minute chart, the pullback to 0.1281 aligns with the 61.8% Fibonacci retracement level of the 0.1270–0.1307 move, indicating a potential consolidation area. Daily-level Fibonacci levels suggest 0.1265 and 0.1318 as key levels to watch.
The price may find temporary support near 0.1281 and could test 0.1274 if bearish momentum persists. A recovery above 0.1303 would signal a potential reversal, but overbought indicators suggest this is unlikely in the near term. Investors should remain cautious and watch for volume confirmation on any new directional moves.
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